vacation rentals and why they are better

[Jeff Smith]

Just wondering if anyone is involved in short term rentals and what's everyones opinion on them. I know there have been a few podcast on them just looking for more opinions before i get started. 

[Melissa Wesling]

I have both LTRs and STRs and agree with the information given above. Reach out if you'd like to discuss further.
Many times if an investor wants to purchase a short-term rental property in a vacation market, their goal is to earn income, but also have a property for their own use in a place they would like to visit and/or build equity on a property they would like to retire in someday.  

When wondering if a short-term vacation rental is a good investment for you,  first decide if any of these items meet your investment goals:  

• Is it your dream to own a property in a vacation destination?
• Are you seeking a particular return on your investment?
• Do you want to diversify your portfolio with a home that will appreciate in value?
• Are you looking for an investment vehicle that offers tax advantages?